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accordance with the criteria in Section 3.3 of this policy. City Council <br /> approval is required, if a proposed donation, sponsorship or City-related <br /> foundation grant is greater than $60,000. Where City Council approval is <br /> required, the City Manager will submit a report with his or her <br /> recommendation for acceptance for City Council consideration. In this <br /> instance, the Clerk shall notify the proposer of the date for Council <br /> consideration and/or for the subsequent action by City Council. <br /> 3.3. In reviewing a proposed donation, sponsorship or City-related foundation <br /> grant ("proposal") for acceptance, the City Council or City Manager as <br /> appropriate, shall review the proposal based upon the criteria set forth in <br /> this policy, including the following: <br /> a. The proposal advances key City priorities; <br /> b. The proposal supports the City's ability to increase revenue and <br /> partnerships; <br /> c. The proposal provides a significant enhancement to the City, <br /> enhances or reduces costs the City would incur in the absence of its <br /> acceptance, or otherwise benefits the City; <br /> d. The proposal directly enhances the City's ability to provide goods or <br /> services to the public or for another valid public purpose; <br /> e. Whether the donation is unrestricted or restricted as the City prefers <br /> unrestricted donations; <br /> f. Whether the benefits of restrictive donations of real property warrant <br /> the acceptance of the donation; and <br /> g. Whether the proposal provides the ability to negotiate the terms of <br /> an endowment for maintenance of the proposed donation. <br /> 3.4. Accepted donations shall be acknowledged in the form of a thank you letter <br /> on behalf of the City from the City Staff responsible for accepting the <br /> donation. <br /> 3.5. Unaccepted donations will be returned to the donor, and declined in the <br /> form of a letter from the appropriate City Staff. <br /> 3.6. At the request of the donor, a recognition plaque or marker may be installed <br /> as part of a donation so long as the donation has a monetary value <br /> (including costs of plaque or marker and installation costs) greater than or <br /> equal to $5,000. The minimum value of donations eligible for a recognition <br /> plaque or marker shall be increased annually to reflect inflation as <br /> measured by changes in the San Francisco Area Consumer Price Index for <br /> all Urban Customers (CPI-U). <br /> - 3 - <br />